September 24, 2026
The Asian Development Bank keeps Pakistan's growth forecast at 3.7 percent for 2026-27 and projects 8.3 percent inflation — the second highest in the region — while naming the Middle East war, Gulf labour markets and an FBR shortfall as risks.
September 4, 2026
Prime Minister Shehbaz Sharif pressed ADB vice president Yingming Yang for early groundbreaking on the $10bn, 1,670km Karachi-Peshawar ML-1 railway, of which $2bn is secured from the ADB for the Karachi-Rohri section.
July 14, 2026
The Asian Development Bank has revised down Pakistan's economic growth forecast for FY2026-27 to 3.7 percent, from a prior projection of 4.5 percent, citing prolonged disruptions to energy markets caused by the US-Iran conflict. The ADB's July 2026 Asian Development Outlook also raised Pakistan's inflation forecast, with headline inflation running at 11.7 percent in May 2026. The FY28 outlook remains at 5.1 percent, contingent on energy pressures easing.
July 3, 2026
The Asian Development Bank projects Pakistan's economy will grow 4.5 percent in fiscal year 2026-27, up from 3.7 percent in FY26, but warns that downside risks are significant — including the unresolved Afghanistan border conflict, volatile oil prices from Middle East tensions, fiscal slippage under the IMF programme, and a current account that has already narrowed sharply from last year's surplus.
Economic Affairs Secretary Muhammad Humair Karim (left) and Asian Development Bank Managing Director Emma Fan ink climate resilience initiatives in Islamabad, December 30, 2025. — Ministry of Finance Coastal project targets flood risks, ecosystem restoration: ministry Punjab’s initiative promotes low-carbon, climate-smart agriculture. Millions to benefit from resilience and productivity measures: ministry. Pakistan and the Asian Development Bank (ADB) on Tuesday signed two major climate resilience initiatives aimed at strengthening coastal protection and promoting low-carbon agriculture. According to a statement issued by the Ministry of Finance and Revenue, the deals include the $180.5 million Sindh Coastal Resilience Sector Project (SCRP) and
Department of Economic Affairs Secretary Muhammad Humair Karim and Asian Development Bank Director Emma Fan sign agreements between Pakistan and ADB on December 25, 2025. — PID $330 million deal for second power transmission enhancement project. $400 million in funding to accelerate the state enterprise transformation program. ADB’s Emma Fan praises Pakistan’s reform initiatives. Pakistan and the Asian Development Bank (ADB) on Thursday signed financing agreements for two major initiatives totaling $730 million, aimed at strengthening Pakistan’s energy infrastructure and promoting public sector reforms. The agreements cover the Second Electricity Transmission Enhancement Project, with $330 million in funding, and the
Breakthrough of Karachi-Rohri section set for July 2026. upgrade of ML-I urged The Railway Directorate has submitted the ML-I project brief to ECNEC without having arranged funding from the Public Sector Development Programme, China or any other international financial institution. Photo: AFP Islamabad: A delegation of the Asian Development Bank (ADB), led by its Director General Leah Gutierrez, on Friday called on Federal Minister for Railways Muhammad Hanif Abbasi to review the progress on upgrading Main Line-I (ML-I), the most critical infrastructure project of Pakistan Railways. During the meeting, detailed discussions were held on the scope, funding and implementation strategy
The Asian Development Bank headquarters in Manila, December 4, 2002. — AFP The package combines a $285 million OCR loan, $45 million in soft financing. The project supports Pakistan’s clean energy transition, energy security. ADB says the new assets will reduce losses, improve reliability. The Asian Development Bank (ADB) has approved loans totaling $330 million to Pakistan for the Second Power Transmission Enhancement Project, ADB said in a statement on its website on Thursday. The project is one of the government of Pakistan’s first priority investments to expand the national transmission network and enable the deployment of low-cost renewable energy
A yak grazes in front of snow-capped mountains in an area hit hard by flood-related incidents near Gamoo Bhr Glacier and Darkut Glacier in Darkut village near Gilgit-Baltistan on October 11, 2023. — Reuters The project covers Pakistan, Central Asia and South Caucasus. Funding to top up $3.25 billion from ADB over the next decade. The project focuses on the Swat River Basin, covering approximately 27 hectares. The Green Climate Fund (GCF) has approved $250 million for Glaciers to Farms, a major adaptation project led by the Asian Development Bank (ADB). A statement issued by the ADB said the project
PAKISTAN: It was an unstable day on the Pakistan Stock Exchange (PSX) on Wednesday, as the KSE-100 reference index moved in both directions before the meeting was almost flat. The market opened in a strong note, touching an intra -ended high of 166,522.61 points. However, confidence remained unstable and the profits were short -lived after news circulating that the Asian Development Bank (ADB) kept the development of Pakistan unchanged at 3% and delays in reforms, while fresh notifications to the IMF for one IMF. Reading: In Stellar Run, PSX goes up in New High Despite the government that promotes the
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October 26, 2026
The Pakistan Daily
October 26, 2026
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